Excess & Surplus Lines Lawyers Professional Liability Insurance Coverage Highlights

Coverage Highlights

  • Limits up to $3M on eligible accounts
  • Minimum deductible $5,000
  • Broad definition of legal services including lawyer, arbiter, mediator, expert witness, title agent, notary public, lobbyist, and publication or presentation of research papers or similar materials
  • Risk management hotline
  • Soft hammer clause
  • Reduced deductible for mediated claims
  • No deductible for pro bono work
  • Disciplinary proceedings
  • Loss of earnings
  • Subpoena assistance
  • Privacy breach investigation
  • Network and privacy breach
  • Crisis event expense
  • Claims made and reported, pay on behalf, and duty to defend policy form
  • Predecessor firm coverage included
  • Coverage provided for independent contractors and “of counsel”
  • Prior acts coverage for qualified accounts
  • Extended reporting options for 1, 2, 3, and 5 years; no cost extended reporting for death, disability, or retirement
  • Ability to quote from competitor’s full application
  • Nationwide availability

Coverage Eligibility

  • 1-50 attorneys with a minimum of one full-time attorney
  • Minimum of three years of experience

Target Firms

  • Firms with difficult AOPs to include:
    • Plaintiff including class action
    • Environmental
    • Intellectual property (no patent prosecution)
    • Oil and gas
    • Real estate
    • SEC private placement (no public SEC exposure)
  • Declined or ineligible for the admitted marketplace
  • Adverse claim history